| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.3B | 5.8% | -6.5% |
| Op. Income | $293M | $229M | $371M | 28.1% | -21.1% |
| Gross Margin | 58.7% | 56.5% | 58.8% | 2.2pp | -0.1pp |
| Net Margin | 20.8% | 18.0% | 23.9% | 2.7pp | -3.1pp |
| EPS (Diluted) | $1.33 | $1.09 | $1.64 | 22.0% | -18.9% |
| Free Cash Flow | $4M | $125M | $120M | -96.5% | -96.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $512M |
| GROSS PROFIT | $729M |
| R&D Expenses | $202M |
| Selling & Marketing | $43M |
| General & Administrative | $191M |
| SG&A Expenses | $235M |
| Other Expenses | $170.0K |
| Operating Expenses | $436M |
| Cost & Expenses | $948M |
| OPERATING INCOME | $293M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $279M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $258M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $42M |
| EBIT | $293M |
| EBITDA | $334M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $512M |
| GROSS PROFIT | $729M |
| R&D Expenses | $202M |
| Selling & Marketing | $43M |
| General & Administrative | $191M |
| SG&A Expenses | $235M |
| Other Expenses | $170.0K |
| Operating Expenses | $436M |
| Cost & Expenses | $948M |
| OPERATING INCOME | $293M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $279M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $258M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $42M |
| EBIT | $293M |
| EBITDA | $334M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $258M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$40M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$221M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | $541.0K |
| Purchases of Investments | -$376M |
| Sales/Maturities of Investments | $189M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$261M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$129M |
| Other Financing Activities | $21M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$330M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $527M |
| Net Receivables | $699M |
| Inventory | $1.5B |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $1.2B |
| Goodwill | $561M |
| Intangible Assets | $194M |
| Long-Term Investments | $1.2B |
| Tax Assets | $348M |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $320M |
| Short-Term Debt | $0 |
| Deferred Revenue | $87M |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $38M |
| Deferred Tax Liabilities | $118M |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $324M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $18M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $4.2B |
| Treasury Stock | -$316M |
| Accum. Other Comp. Income | -$71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $107M |
| Net Debt | -$980M |
